Pearlmark

Pearlmark is pleased to announce its sixth high-yield credit fund, Pearlmark Mezz VI, recently held a second closing, bringing total capital commitments to over $300 million. Pearlmark Mezz VI is actively targeting subordinated debt investments, fulfilling borrower demand for gap financing solutions on recapitalizations, acquisitions, and development projects with strong sponsorship within multifamily and adjacent sectors as well as industrial nationwide. For the full press release, please visit: www.pearlmark.com/news

Pearlmark closed on a mezzanine debt investment to recapitalize The Residences at Sawmill Station, a 250-unit, multifamily apartment community in Morton Grove, IL. For the full press release, please visit: www.pearlmark.com/news

Pearlmark, in partnership with SFO Capital Partners, closed on a mezzanine debt investment to refinance Vista 65, a mixed-use property consisting of 186 multifamily units, 86,500 sq. ft. of commercial space, and a parking garage in Queens, NY. The Property is located in the Rego Park neighborhood of Queens and offers easy access to major subways, public transportation, and New York City’s airports. For the full press release, please visit:?www.pearlmark.com/news

Pearlmark is pleased to announce the addition of five new team members to the firm. Michael Hales joined as a Managing Director of Capital Markets and Investments; Kelly Nealis joined Pearlmark in Los Angeles as a Senior Vice President of High Yield Debt Originations covering the west coast; and Darshak Shah joined Pearlmark as a Senior Vice President of Debt Capital Markets, managing the firm’s relationships with senior lenders. In addition, Ari Sokolow joined Pearlmark’s Asset and Portfolio Management team as a Senior Associate with a primary focus on due diligence, and Lucy Platt joined the Capital Markets team as an Associate. Pearlmark is thrilled to welcome each of these highly accomplished professionals to key positions within the firm as we continue to scale our investment management business in middle market credit and value-add equity strategies. For the full press release, please visit https://lnkd.in/gMmzziv.

Pearlmark closed on a mezzanine debt investment for the refinance of Arden Townhomes, a 60-unit, 2024-vintage, three-story, townhome-style multifamily property in Warrenville, IL. For the full press release, please visit: https://lnkd.in/gMmzziv

Pearlmark, in partnership with Archstone Capital, closed on the acquisition of Stonehaven at Overland Park, a 68-unit townhome-style apartment complex located less than a mile from US Route 69 in Overland Park, Kansas, offering direct access to major job centers within the greater MSA. For the full press release, please visit our website: www.pearlmark.com/news

Pearlmark, in partnership with Seastone Capital, closed on the acquisition of 1433 Pleasant Valley, a 433,039 sq. ft. industrial asset directly off I-81 in Harrisonburg, VA. For the full press release, please visit our website: www.pearlmark.com/news

Pearlmark is pleased to announce the first closing of its sixth high-yield credit fund that will target domestic institutional real estate investments through a variety of debt instruments, primarily mezzanine lending. Learn more in the press release here: https://lnkd.in/gMmzziv

Pearlmark closed on a mezzanine debt investment for the re?nance of the SparrowHawk Industrial Portfolio, consisting of ten warehouse and light industrial properties in the Kansas City and St. Louis MSAs. For the full press release, please visit: https://lnkd.in/gMmzziv?

Connect with Douglas Lyons at the CRE Finance Council conference in New York next week to discuss Pearlmark’s debt and equity investment programs. #CREFCAnnualConference